The Gunners have been linked with a number of marquee players, including Real Madrid's Sami Khedira, but the Frenchman played down suggestions of any imminent arrivals.
The Gunners have spent over 62 million euros on Alexis Sanchez, Calum Chambers, David Ospina and Mathieu Debuchy this summer, but continue to be linked with the likes of Real Madrid midfielder Sami Khedira and Sporting Lisbon star William Carvalho.
Yet Wenger has now revealed that the club is not actively attempting to finalize any deals.
“Not at the moment, no,” he told the Gunners’ official website when asked if a transfer was close. “I have nothing special to add on that at the moment. Honestly, we are not close to signing anybody.”
Wenger admits the club is “short” in defense but hopes to be able to field World Cup winning center back Per Mertesacker - along with compatriots Mesut Ozil and Lukas Podolski - in this weekend’s Premier League clash with Everton.
"We are a bit short at the back, yes you're right," he added. "But we should have [Per] Mertesacker and [Mesut] Ozil and [Lukas] Podolski available again at the weekend. Let's hope they are in good shape when we go home."